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How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries

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Listed author(s):
  • Cho, Yoonyoung
  • Newhouse, David

Abstract

This paper examines how different types of workers in middle-income countries fared during the immediate aftermath of the great recession. Youth suffered extraordinary increases in unemployment and declines in wage employment. Employment to population ratios also plummeted for men, primarily due to their higher initial employment rates. Percentage employment declines within sector were gender-neutral, and there is little indication of strong added worker effects. Traditionally disadvantaged groups such as less educated and female workers were not necessarily most affected during the crisis, underscoring the importance of implementing targeted mitigation measures that focus on displaced youth and wage employees.

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File URL: http://www.sciencedirect.com/science/article/pii/S0305750X12001623
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Article provided by Elsevier in its journal World Development.

Volume (Year): 41 (2013)
Issue (Month): C ()
Pages: 31-50

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Handle: RePEc:eee:wdevel:v:41:y:2013:i:c:p:31-50
DOI: 10.1016/j.worlddev.2012.06.003
Contact details of provider: Web page: http://www.elsevier.com/locate/worlddev

Keywords: labor market; great recession; types of workers; middle-income countries;

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Find related papers by JEL classification:
  • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
  • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
  • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
  • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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Cited by:

  1. Brixiova, Zuzana & Kangoye, Thierry, 2016. "Gender Disparities in Employment and Earnings in Sub-Saharan Africa: Evidence from Swaziland," IZA Discussion Papers 10455, Institute for the Study of Labor (IZA).
  2. Tamar Khitarishvili, 2013. "The Economic Crisis of 2008 and the Added Worker Effect in Transition Countries," Economics Working Paper Archive wp_765, Levy Economics Institute.
  3. Rémi Bazillier & Jérôme Hericourt, 2014. "The Circulare Relationship between inequality, Leverage and Financial Crisis," Working Papers halshs-01204821, HAL.
  4. Jeroen Horemans & Ive Marx & Brian Nolan, 2016. "Hanging in, but only just: part-time employment and in-work poverty throughout the crisis," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-19, December.
  5. Essers, Dennis, 2013. "South African labour market transitions during the global financial and economic crisis: Micro-level evidence from the NIDS panel and matched QLFS cross-sections," IOB Working Papers 2013.12, Universiteit Antwerpen, Institute of Development Policy and Management (IOB).
  6. Arnstein Aassve & Elena Cottini & Agnese Vitali, 2013. "Youth Vulnerability in Europe during the Great Recession," Working Papers 057, "Carlo F. Dondena" Centre for Research on Social Dynamics (DONDENA), Università Commerciale Luigi Bocconi.
  7. Tindara Addabbo & Paula Rodríguez-Modroño & Lina Gálvez-Muñoz, 2013. "Gender and the Great Recession: Changes in labour supply in Spain," Department of Economics (DEMB) 0010, University of Modena and Reggio Emilia, Department of Economics "Marco Biagi".
  8. Valeria Cirillo & Marcella Corsi & Carlo D'Ippoliti, 2015. "Gender, class and the crisis," Working Papers CEB 15-026, ULB -- Universite Libre de Bruxelles.
  9. Mona Said, 2015. "Wages and Inequality in the Egyptian Labor Market in an Era of Financial Crisis and Revolution," Working Papers 912, Economic Research Forum, revised May 2015.
  10. Amir S. GOHARDANI & Folke BJÖRK, 2013. "A Conceptual Disaster Risk Reduction Framework For Health And Safety Hazards In The Construction Industry," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(1), pages 173-192, May.
  11. Khanna, Gaurav & Newhouse, David & Paci, Pierella, 2010. "Fewer Jobs or Smaller Paychecks? Labor Market Impacts of the Recent Crisis in Middle-Income Countries," World Bank - Economic Premise, The World Bank, issue 11, pages 1-4, April.

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